2025 Annual Update: Facts & Figures
The most current federal benefits data to help you plan confidently for retirement.
CSRS & FERS Pension
| Item | 2024 | 2025 | 10-Year Avg |
|---|---|---|---|
| National pay raise (without locality pay increase) | 4.70% | 1.70% | 2.11% |
| National pay raise (with average locality pay increase) | 5.20% | 2.00% | 2.49% |
| CSRS COLA in retirement | 3.20% | 2.50% | 2.83% |
| FERS COLA in retirement | 2.20% | 2.00% | 2.40% |
| Special Retirement Supplement earnings test limit | $22,320 | $23,400 | — |
CSRS & FERS Death Benefits
| Item | 2024 | 2025 |
|---|---|---|
| Lump-sum, in-service death benefits (FERS) | $41,568 | $42,607 |
| Children's Survivor Benefits (Monthly) | ||
| If no parent living (per child up to 3) | $787 | $806 |
| If one parent living (per child up to 3) | $658 | $674 |
Social Security & Medicare
| Item | 2024 | 2025 | 10-Year Avg |
|---|---|---|---|
| Social Security COLA (CPI-W) | 3.20% | 2.50% | 2.83% |
| Social Security earnings test limit | $22,320 | $23,400 | — |
| PIA formula (first bend) | $1,174 | $1,226 | — |
| PIA formula (second bend) | $7,078 | $7,391 | — |
| Social Security Substantial Earnings Minimum | $31,613 | $33,019 | — |
| Social Security Maximum Taxable Earnings | $168,600 | $176,100 | — |
| Medicare Part B Premium (monthly) | $174.70 | $185.00 | 4.38% |
Federal Employee Health Benefits
| Item | 2024 | 2025 | 10-Year Avg |
|---|---|---|---|
| Average premium increase all carriers | 7.70% | 13.50% | 5.66% |
Thrift Savings Plan
| Item | 2024 | 2025 | |
|---|---|---|---|
| Elective deferral limit (annual) | $23,000 | $23,500 | |
| Catch-up contribution limit for age 50+ (annual) | $7,500 | $7,500 | |
| Catch-up contribution limit for age 60–63 (annual) | N/A | $11,250 | |
| Rates of Return (Compound Annual) | EOY 2023 | EOY 2024 | 10-Year |
| G Fund | +4.22% | +4.40% | +2.52% |
| F Fund | +5.58% | +1.33% | +1.49% |
| C Fund | +26.26% | +24.96% | +13.09% |
| S Fund | +25.30% | +16.93% | +9.52% |
| I Fund | +18.38% | +4.27% | +5.63% |
Need Help Understanding Your Federal Benefits?
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Schedule a ConsultationThe information presented is for educational purposes only and should not be considered financial, tax, or legal advice. Please consult with a qualified financial professional before making any decisions regarding your federal benefits or retirement planning.
TSP and index fund returns shown are historical. Past performance is not a guarantee of future results, and all investing involves risk, including the possible loss of principal.
Capital Wealth is not affiliated with or endorsed by the U.S. Government, the Social Security Administration, the Office of Personnel Management, the Thrift Savings Plan, or any federal agency. Advisory services offered through Capital Wealth, LLC, an SEC Registered Investment Advisor. Insurance services offered through CWA Insurance Services, LLC.
Data sourced from the Office of Personnel Management (OPM), Social Security Administration (SSA), Centers for Medicare & Medicaid Services (CMS), and the Federal Retirement Thrift Investment Board. 10-year averages are calculated from publicly available historical data where applicable.
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